Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Latest News

Vegetables: Sri Lanka to facilitate imports from Pakistan

byCT Report
12/04/2016
in Latest News
Share on FacebookShare on Twitter

COLOMBO: Sri Lanka will facilitate the import of vegetables including potato and onion from Pakistan. The issue of exempting imported consignments of vegetables from regularity duties will be taken up in the next cabinet meeting as the duties are imposed to save local production. These views were expressed by Sri Lankan Minister of Trade and Industry Rishad Bathiudeen while addressing a lunch arranged by Pakistan-Sri Lanka Business Forum in his honour.

He said Pakistan’s cement and pharmaceutical industries had better opportunities of investment in Sri Lanka. He said that enjoying the free trade agreement between Sri Lanka and India, Pakistan, by establishing industries in Sri Lanka and with value addition of its products, can had indirect market access to India. Education, he said, was another sector where both countries might develop cooperation as a large number of students from Sri Lanka went to India and United Kingdom for modern education. They could be invited to professional universities especially those in medical and engineering fields in Pakistan.

You might also like

Finance minister discusses REITs growth with stakeholders

02/05/2026

PM Shehbaz engages Bilal Bin Saqib on future of digital finance

02/05/2026

The minister said Pakistan’s rice had great demand in Sri Lanka whereas Sri Lankan tea could get shares in Pakistani markets. On the occasion, Aslam Pakhali, President of Pakistan-Sri Lanka Business Forum appreciated the efforts made by the minister for enhancement of bilateral trade. He said the minister had great contribution in making the single country exhibition of Pakistan held in Sri Lanka a successful show.

Pakhali said imposition of regularity duties was right of Sri Lankan to save its local production. However, the foreign country was requested to exempt the already shipped consignments of potato and onion from Pakistan, which was the largest exporter of the same item to Sri Lanka, he added.

He further informed the visiting minister that the forum was doing all its best to enhance trade between the two countries. He said the forum had advertised Sri Lankan pineapple in Pakistan recently. “There is a demand for Sri Lankan herbal and Islamic products in Pakistan. The mega project of CPEC may also provide access to Sri Lankan products in Middle Eastern countries, Europe and Central Asia.” The dinner programme was also attended by Sri Lankan Consul General in Karachi Heerath, Vice President of the forum Abdul Wahhab and others.

Tags: by establishing industries in Sri Lankafree trade agreement between Sri Lanka and IndiaPakistanPakistan's cement and pharmaceutical industries had better opportunities of investment in Sri Lanka.

Related Stories

Finance minister discusses REITs growth with stakeholders

byCT Report
02/05/2026

ISLAMABAD:Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb on Saturday chaired a virtual meeting of the Focus Group to...

PM Shehbaz engages Bilal Bin Saqib on future of digital finance

byCT Report
02/05/2026

LAHORE: Prime Minister Shehbaz Sharif held a meeting with Chairman of the Pakistan Virtual Assets Regulatory Authority (PVARA) Bilal Bin...

CM’s advisor Ali Mustafa Dar unveils AI governance plan

byCT Report
02/05/2026

RAWALPINDI: Advisor to the Chief Minister of Punjab on Artificial Intelligence and Special Initiatives, Ali Mustafa Dar, has announced that...

Pakistan’s inflation hits two-year high at 10.9pc in April

byCT Report
02/05/2026

ISLAMABAD: Pakistan’s inflation surged to a near two-year high of 10.9% in April, driven by rising fuel prices, global supply...

Next Post

Chinese investment in Australia grew 33% in 2015: report

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.